Peter Moody is prepared for the fight to clear his name after being charged with cobalt offences.

Moody, who on Thursday prepared his 200th winner for the season when House Of Hingis was successful at Donald, is facing three charges, one relating to presentation and two relating to the administration of cobalt to Lidari who finished second in the Turnbull Stakes at Flemington last October.

The Caulfield trainer prides himself on his reputation and says he is disappointed to be charged with the administration of a prohibited substance which he said "takes away all your credibility".

"To have your name muddied is very hurtful," Moody told Melbourne radio station RSN.

"The presentation of the horse with the prohibited substance, as the rule stands, I cannot defend, but the administration is extremely hurtful."

Moody said Lidari, a European import, was placed on a treatment to promote hoof growth, which he said had been used on other European horses due to the shelly nature of their feet.

"Unbeknownst to me and probably unbeknown to anyone, this particular substance, I understand, had a high concentration of cobalt in it," he said.

Other horses in Moody's stable had received similar treatment and once the trainer was made aware of the positive test in January, he stopped the use of the product in the stable.

After being charged Moody said he had lost a few potential clients, but most of his main owners were sticking with him.

"Some of the syndicators that I train for have mentioned since it was reported on Saturday morning that people have walked away which is very disappointing," Moody said.

"I've had great success with syndicators over the years but these people pitch to a different market and some of those people, in that market place, probably don't understand.

"They pick up a paper on Saturday morning and were going to buy a share in that bloke's horse, but now they have walked away which is very unfortunate."